Welcome To The Anglo-Canadian Uranium HUB On AGORACOM

Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, Utah, British Columbia, and Yukon.

Free
Message: NR: URA announces acquisition of gold and silver claims

Nov 09, 2010 (TheNewswire.ca via COMTEX News Network) --

(via Thenewswire.ca)

Anglo Canadian Uranium Corp. (TSX-V: URA) (the "Company") is pleased to announce the acquisition of additional gold and silver claims at the Company's Lucky Boy Gold Project located 100 km south of Kelowna, south-central British Columbia. This project lies 3 km outside of the town of Beaverdell within the Beaverdell Silver Mining Camp, and lies in close proximity to the Highland Bell Mine which produced 34.6 million ounces of silver, 25.6 million pounds of lead and 30.6 million pounds of zinc. Additional producing mines in this region include the Wellington Mine that produced 1.5 million ounces of silver. These claims lie contiguous to the crown grants currently held by the Company, and all lie within a historic silver producing region. All claims are held 95% by the Company, and are subject to a 2% Net Smelter Royalty. These claims were acquired due to the increased interest in precious metals and continuing strong price for both gold and silver.

The Lucky Boy Project has seen exploration beginning in 1920's and as recent as the late 1990's. Most recent work includes geophysical and geochemical work at a number of prospective anomalies. The primary vein trends westerly where it was previously mined at the Inco-Ackworth mine. In 1997, significant mineralization was outlined in the main structure. Adits have been driven along several parallel mineralized veins with gold, silver, copper, lead and zinc mineralization occurring within shear-hosted quartz veins, at the contacts of sedimentary and intrusive units and within skarn style setting. There is road access to the Lucky Boy property and water, power and accommodation available.

These additional claims were acquired for $1,000 and 100,000 common shares of the company.

About Anglo-Canadian Uranium Corp.

Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, Utah, British Columbia, and Yukon. For more information on the Company and its projects, please visit the website at www.anglocanex.com

ON BEHALF OF THE BOARD OF DIRECTORS:

"Len J.Harris"

Len J. Harris, President

T: 604 669 6807

Toll Free: 866 488 3838

E: [email protected]

Share
New Message
Please login to post a reply